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Malone Finance Limited has Sold 100,000 Shares in the TBC PLC

Malone Finance Limited, an affiliate of the Georgian Co-Investment Fund („Malone”), has previously bought shares in connection with a derivative instrument entered into with Mamuka Khazaradze and Badri Japaridze, Chairman and Deputy Chairman of TBC PLC respectively.  

After the sale of these shares it is understood that the total number of shares in TBC PLC held by Malone is 1,036,596.

TBC PLC is a public limited company registered in England and Wales that was incorporated in February 2016. TBC PLC became the parent company of JSC TBC Bank („TBC Bank”) on 10 August 2016. TBC PLC is listed on the London Stock Exchange under the symbol TBCG.